RenTec was covered in much depth at the Acquired podcast.
Basically algorithms from signal processing applied to huge volumes of historical and current data to determine buy and sell signals. Originally developed for national defense.
Very secretive all external partners were bought out. Only hundred or so people benefited in the billions per person. Including Robert Mercer of Trump campaign financing and Cambridge Analytica fame.
Very interesting but also disheartening episode about smart people only caring about getting richer.
Very secretive all external partners were bought out. Only hundred or so people benefited in the billions per person. Including Robert Mercer of Trump campaign financing and Cambridge Analytica fame.
Very interesting but also disheartening episode about smart people only caring about getting richer.
https://www.acquired.fm/episodes/renaissance-technologies